Patriot Scientific Reaffirms Engagement of Agility IP Law
CARLSBAD, Calif., June 23, 2014 -- (PR Newswire) - Patriot Scientific Corporation (OTCBB: PTSC) today announced that its joint-venture entity Phoenix Digital Solutions (PDS) has reaffirmed representation by Agility IP Law, LLP in pursuit of infringers of the Moore Microprocessor Patent (MMP) Portfolio™.
“I am extremely pleased that we have solidified our relationship with Agility,” stated Carlton Johnson, Patriot’s representative to PDS. “Agility was instrumental in our patent infringement win against HTC Corporation, and we look forward to continuing that success against other infringers”.
Proceedings in the U.S. District Court for the Northern District of California alleging infringement of Patriot’s ‘749, ‘890 and ‘336 patents against Barnes & Noble Inc., Garmin Ltd., Huawei Technologies Co. Ltd., LG Electronics, Nintendo Co. Ltd., Novatel Wireless Inc., Samsung Electronics Co. Ltd., and ZTE Corporation had previously been stayed. Patriot now expects to move forward aggressively with these actions.
“We are excited to continue enforcing the MMP Portfolio,” stated Jim Otteson, Founding Partner of Agility. “We strongly believe that the MMP Portfolio is fundamental to modern microprocessor design, as demonstrated by our jury trial victory against HTC Corporation. The HTC win laid the groundwork, which we plan to leverage against current and, if necessary, future defendants.”
In October, Patriot announced that it had won its patent infringement lawsuit against HTC Corporation in the U.S. District Court for the Northern District of California. HTC was found to infringe multiple claims of Patriot’s ‘336 patent. The ‘336 patent is one of several patents that are part of a larger portfolio held by Patriot, known as the MMP Portfolio.
About Patriot Scientific Corporation
Headquartered in Carlsbad, California, Patriot Scientific Corporation is the co-owner of the MMP Portfolio. For more information on PTSC, visit www.ptsc.com.
About the MMP Portfolio™
The MMP Portfolio includes U.S. patents as well as their European and Japanese counterparts, which cover techniques that enable higher performance and lower cost designs essential to consumer and commercial digital systems ranging from PCs, cell phones and portable music players to communications infrastructure, medical equipment and automobiles.
About Agility IP Law, LLP
Based in Menlo Park, California, Agility’s attorneys specialize in intellectual property litigation, and have tried patent infringement and other IP enforcement actions in a broad range of industries, including semiconductors, software, consumer electronics, medical devices, telecommunications, nutritional supplements and footwear, to name a few. Agility represents IP owners, as well as those accused of infringement. Agility’s expertise facilitates efficient and effective case management from pre-filing analysis through trial and appeal. Agility’s trial attorneys are experts at distilling complex technical concepts for judges and juries. In addition to Agility’s substantial trial experience in U.S. district courts and the U.S. International Trade Commission, the Agility team is well-versed in the many forms of alternative dispute resolution, including the mediation and arbitration of intellectual property disputes. For more information, visit Agility’s website at www.agilityiplaw.com.
Safe Harbor Statement: Statements herein which are not purely historical, including statements regarding Patriot Scientific Corporation's intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties including, but not limited to, the risk that the recently filed actions and litigation strategy may not be successful and the risks and uncertainties relating to the future of our MMP joint-venture. It is important to note that the company's actual results could differ materially from those in any such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, risks and uncertainties associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, patent litigation, technical development risks, and seasonality. Our business could be affected by a number of other factors, including the risk factors listed from time to time in the company's SEC reports including, but not limited to, the annual report on Form 10-K for the year ended May 31, 2013 and the quarterly report on Form 10-Q for the period ended February 28, 2014. The company cautions investors not to place undue reliance on the forward-looking statements contained herein. Patriot Scientific Corporation disclaims any obligation, and does not undertake to update or revise any forward-looking statements made herein.
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